Togbe Afede XIV, Agbogbomefia of Ho Asogli State, the brain behind the Sunon Asogli Power Plant project, an Independent Power Plant (IPP), has said the Shenzhen Energy Group from China had followed due processes to acquire the required licence.
The Tanzania Petroleum Development Corporation (TPDC) once again decided to take over the role of overseeing and regulating bulk procurement of fuel oil, an official at the state firm has said.
It is high time that non petroleum producing countries created their own organization and an oil fund with the objective countering effects of soaring oil prices on their development endeavors, ambassador of Mauritius to Ethiopia proposed on Thursday.
Thousands of business-owners have closed down their shops across the capital today and several of the city's main roads have been blocked in protest of a government decision to stop fuel subsidies, which caused prices to rise steeply overnight.
Japan has signed an agreement with Ukraine to buy the former Soviet Republic's surplus allowances for greenhouse gas (GHG) emissions as part of its efforts to meet its greenhouse gas reduction target under the Kyoto protocol on curbing global warming.
A BURGEONING militant group in Scotland, which shares the belief of the Scottish National Party that Scotland should be independent and assume full control of its North Sea oil resources like the exploited people of the Niger-Delta, has reportedly got
ZIMBABWE has received yet another vote of confidence from an international investor after South African-based Engen Petroleum announced that it had acquired assets belonging to a fuel company operating in the country.
BRITISH Prime Minister, Gordon Brown, has been told to issue a clarifying statement before July 15 on recent utterance bordering on the Niger Delta that was credited to him.
FORMER Federal Commissioner for Information, Chief Edwin Clark, says the Niger-Delta will consent to hold talks with the Federal Government on the Niger-Delta, but, not an all Nigerian Summit, only after a technical committee had reviewed all the earlier reports,
Some 50 megawatts of thermal generated electricity have been added to the national power grid, offering relief to power consumers who have been facing uncertainty following a recent thinning out of reserve margins.
The phenomenon in Africa, where natural resource abundance, is associated with poor development out-comes in the communities and countries of concern has been termed, 'Africa's resource curse.'
In order to ensure that the present problem Nigerians are experiencing in the power sector is resolved without further delay, the Federal Government has been enjoined to put in a new policy that will ensure the sustainability of electricity supply.
Motorists in the Federal Capital Territory, Abuja, are hard hit and spending several hours in filling stations as fuel scarcity has reared its head in the city.
NORMAL lift ing of Petroleum products by members of Petroleum Tanker Drivers (PTD) branch of the National Union of Petroleum and Natural Gas Workers (NUPENG), will resume today to end the fuel queues and chaotic situation experienced by Nigerians at
EPIDEMIC looms in Ukhun community near Ekpoma in Edo State, following oil spillage from burst NNPC pipeline conveying refined petroleum products from Warri to Kaduna.
